HARRISBURG, Pa. — Gov. Josh Shapiro released his $48.3 billion budget for 2024-25 on Tuesday.
The budget calls for major increases in education spending, including a $1.1 billion, or 14% increase, in public schools.
An extra $200 million would go to the state’s colleges and universities.
“I know that’s a bold vision, and some will reflexively be opposed, saying, ‘We can’t afford that,’” Shapiro said. “But I would argue we can’t afford not to invest right now.”
Shapiro is also advocating for an increase in minimum wage, up to $15 from $7.25.
>> Gov. Shapiro proposes raising Pennsylvania’s minimum wage in budget address
The budget does not include any sales or income taxes.
How will the state afford to cover the increase in spending? Gov. Shapiro is proposing the legalization of marijuana.
He called for expunging records of those incarcerated for marijuana, and using $5 million of proceeds for restorative justice. Shapiro’s administration estimates the industry would eventually yield $250 million in additional annual revenue.
We need to legalize marijuana.
— Governor Josh Shapiro (@GovernorShapiro) February 6, 2024
We’re losing out on an industry that would bring in more than $250 million in annual revenue.
And our failure to legalize and regulate marijuana only fuels the black market and drains much needed resources for law enforcement.
It's time to catch…
The 2024-25 fiscal year begins on July 1.
The Associated Press contributed to this report.
Download the FREE WPXI News app for breaking news alerts.
Follow Channel 11 News on Facebook and Twitter. | Watch WPXI NOW
TRENDING NOW:
©2024 Cox Media Group